14 unchanged sentences
● The 2021 Plan may be administered by the Board of Directors (the “Board”) or a committee consisting of two or more members of the Board of Directors appointed by the Board (for purposes of this description, any such committee, a “Committee”).
−Removed: ● Officers and other employees of our Company or any parent or subsidiary of our Company who are at the time of the grant of an Award employed by us or any parent or subsidiary of our Company are eligible to be granted
−Removed: options or other Awards under the 2021 Plan.
+Added: ● Officers and other employees of our Company or any parent or subsidiary of our Company who are at the time of the grant of an Award employed by us or any parent or subsidiary of our Company are eligible to be granted options or other Awards under the 2021 Plan.
In addition, non-qualified stock options and other Awards may be granted under the 2021 Plan to any person, including, but not limited to, directors, independent agents, consultants, and attorneys who the Board or the Committee, as the case may be, believes has contributed or will contribute to our success.
13 unchanged sentences
● Cash awards may be issued under the 2021 Plan either alone or in addition to or in tandem with other Awards granted under the 2021 Plan or other payments made to a participant not under the 2021 Plan.
−Removed: The Board or Committee shall determine the eligible persons to whom, and the time or times at which, cash awards will be made, the amount that is subject to the cash award, the circumstances and conditions under which such amount shall be paid, in whole or in part, the time of payment, and all other terms and conditions of the Awards.
+Added: The Board or Committee shall determine the eligible persons to whom, and the time or times at which, cash awards will be made, the amount that is subject to the cash award, the circumstances and conditions under which such amount
+Added: shall be paid, in whole or in part, the time of payment, and all other terms and conditions of the Awards.
Each cash award shall be confirmed by, and shall be subject to the terms of, an agreement executed
34 unchanged sentences
Recent Sales of Unregistered Securities
−Removed: There were no sales of unregistered or registered securities during the years ended December 31, 2023 and 2022.
+Added: On March 14, 2024, the Company entered into subscription agreements with each of Robert W.
+Added: D’Loren, Chairman and Chief Executive Officer of the Company;
+Added: an affiliate of Mark DiSanto, a director of the Company;
+Added: and Seth Burroughs, Executive Vice President of Business Development and Treasury of the Company to purchase 13,258, 13,258, and 2,946 shares, respectively (collectively, the “Private Placement Shares”), at a price of $9.80 per Private Placement Share.
+Added: The total number of Private Placement Shares purchased was 29,462.
+Added: Net proceeds after payment of agent fees to the representative were approximately $0.3 million.
+Added: The purchase of the Private Placement Shares closed on March 19, 2024.
+Added: On December 12, 2024, the Company issued warrants to purchase 145,664 shares of common stock to lenders as additional consideration for entering into a loan and security agreement.
+Added: The warrants are immediately exercisable and expire on December 12, 2034.
+Added: There were no sales of unregistered securities during the year ended December 31, 2023.
Purchases of equity securities by the issuer and affiliated purchasers
−Removed: We did not repurchase any shares of common stock during the fourth fiscal quarter ended December 31, 2023.
+Added: The following table provides information with respect to restricted stock purchased and retired by the Company during the year ended December 31, 2024.
+Added: Total Number of Shares
+Added: of Common Stock
+Added: Total Number of
+Added: Part of a Publicly
+Added: Plan or Program
+Added: July 1, 2024 to July 31, 2024 (i)
+Added: August 1, 2024 to August 31, 2024 (i)
+Added: September 1, 2024 to September 30, 2024 (i)
+Added: October 1, 2024 to October 31, 2024 (i)
+Added: November 1, 2024 to November 30, 2024 (i)
+Added: December 1, 2024 to December 31, 2024 (i)
+Added: Total year ended December 31, 2024
+Added: (i) The shares were exchanged from employees in connection with the income tax withholding obligations on behalf of such employees from the receipt of stock awards.
+Added: The 2011 Plan and 2021 Plan allow for award holders to surrender vested shares to cover withholding tax liabilities.
+Added: We did not repurchase any shares of common stock during the year ended December 31, 2023.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.